Credit cards are a great way to boost your purchasing power and make sure you always have emergency funds at hand. But how can you choose the best credit card issuer when there are so many choices available?
Getting a credit card from a credit union is a great way to get all the great features you need to thrive in today's world — including low rates. Read on to learn more about the advantages of a credit union credit card.
Benefits Of Credit Union Credit Cards
Before we deep dive into the world of credit cards, it's important to understand how credit unions are different from other credit card issuers, like big banks and store brands.
The key difference is credit unions are not-for-profit organizations that are owned by their members, putting people before profits. A credit union’s mission is to help you grow your wealth your way, and achieve financial success — no matter where you are on your journey.
Lower Rates
Credit unions aren’t in business to earn profits for shareholders, so they are able to offer lower rates than you may find elsewhere.
Fewer Fees
Some financial institutions will find ways to charge you at every step of the financial process, from an application fee to a monthly fee and other hidden costs. When you get a credit card with a credit union, you'll likely find you pay fewer fees and lower fees.
More Choice Of Rewards
Credit card rewards usually fall into two categories: points you can redeem for rewards and cash back on everyday purchases. Credit union credit cards often offer both.
Just choose the credit card that offers the best rewards for your needs. And, of course, be sure to read the fine print to take full advantage of your card!
At APGFCU, we offer our cardmembers valuable benefits, including:
- U Earn Rewards® Points when you use an APGFCU Visa® Platinum Preferred Rewards Credit Card for restaurants, groceries, gas and all other purchases, which can be redeemed for gift cards, merchandise, travel and more.1
- Earn 1.5% cash back awards for each one dollar ($1.00) you spend every month2 with an APGFCU Visa Cash Back Credit Card.1
Lower Balance Transfer Fees
If you're thinking about using a credit union credit card to consolidate your debt, you're in luck. Many credit unions offer lower fees for balance transfers to help new cardmembers get a handle on their debt payments.
Click here for current APGFCU Visa credit card offers.
Personalized, Local Service
Here's why credit unions pride themselves on best-in-class service:
- When you belong to a credit union, everyone you meet is likely to live, work, worship, attend school or volunteer in the same community as you.
- You're not just a number to a credit union — you're a valued member and owner, so your success is our success.
- You can drop into a branch and have a face-to-face chat with someone who wants to know your story and help you navigate life's challenges, including getting a credit card to fit your unique needs.
Now That You Know Where to Go – Apply for a Credit Union Credit Card!
Once you've decided where you want to get your credit card from (hint: APGFCU — your local credit union), there are steps you should take before applying.
First thing's first, you should find out your credit score. If your credit is less than perfect, your local credit union has resources to help you get on top of your finances.
Click below for details!
How to Apply for a Credit Card and the Approval Process
1Credit approval is required and you must spend at least $2,500 in purchases within the first 90 days from your account open date to receive the 30,000 bonus points. Credit approval is required and you must spend at least $2,500 in purchases within the first 90 days from your account open date to receive the 30,000 bonus points. U Earn Rewards points are earned using your APGFCU Visa Rewards Card for qualified purchase transactions. Qualified purchase transactions include Signature and PIN (POS) purchases. Earned U Earn Rewards points are based on net purchases only and do not include cash advances, balance transfers, ATM transactions, or wire transfers. They also do not include any fees posted to your credit card account, including (but not limited to) late fees, over-limit fees, and finance charges. Points will be earned and redeemable only if your APGFCU Visa Rewards and U Earn Rewards Accounts are open and in good standing. Points cannot be redeemed until they are credited to your U Earn Rewards Account. Points may not be redeemed for cash. All points must be redeemed using the U Earn Rewards program website. Enroll and access your U Earn Rewards account through APGFCU’s online banking service. Visit www.apgfcu.com/rewards to learn more. Once enrolled in the U Earn Rewards program, click the “Terms and Conditions” link within the U Earn Rewards website for additional program details. The U Earn Rewards program is not an affiliate of APGFCU. All names and logos are trademarks and registered trademarks of their respective owners. Copyright ©2024 APGFCU. All Rights Reserved. Other restrictions may apply.
21.5% Cash Back awards earned for each one dollar ($1.00) spent of all new retail purchases less credits, returns and adjustments charged in a statement period. Cash Back awards will only be paid for credit card accounts in good standing and will be posted to the primary card member’s regular share account on the next business day following the end of the credit card statement period.